China's covid outbreaks seemed set to worsen as Zhejiang, a major industrial province near Shanghai, is battling nearly one million new infections daily, the provincial government expects that number to double in the coming days.
Analysts expect the spreading infections to continue to limit industrial activity and domestic demand in the near term.
The top-traded May iron ore contract on China's Dalian Commodity Exchange ended day trading at 828 yuan ($118.77) per tonne, up 1.4 percent.
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